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Mar 31, 2022
03/22
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for other commodities outside of energy. and that's selling at about a 43% discount to u.s. stocks. so i think international will outperform. >> don't often get people excited about buying europe. here we are. obvious and excellent reasons you mention, a time to look at exposure to emerging markets and high commodities prices we're seeing and right towards high-yield bonds? >> yeah. so high-yield bonds, i think will have better underpinnings so maybe better -- going forward obviously have higher yields with about a 5.4% right now. and also if we look to emerging markets, local currency government debt. you know, that's high quality against overseas corporates or overseas junk bonds. you can get a 6% yield attractive with durations less than the u.s. side aggregate. >> i want to ask about semiconductors nvidia a call last time on and up since that period a lot of anxiety around the cycle now. what would you share, do stocks look attractive to you depend on the name >> well, it does depend upon the name, but just looking at th
for other commodities outside of energy. and that's selling at about a 43% discount to u.s. stocks. so i think international will outperform. >> don't often get people excited about buying europe. here we are. obvious and excellent reasons you mention, a time to look at exposure to emerging markets and high commodities prices we're seeing and right towards high-yield bonds? >> yeah. so high-yield bonds, i think will have better underpinnings so maybe better -- going forward...
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45
Sep 16, 2019
09/19
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we have liked energy prior to today, so we like energy a limit more after today we would not buy the stocks on the open oil prices were up 20%, now they're up 9 or 10%. the oil stocks will spike higher in the open, probably drift lower during the day, but if you have a six-month time rise and we think this could get a risk premium back into energy oil prices and the energy stock should do better. >> what stocks in particular are we talking exploration in production, oil services, broadly just ets >> across the board. we like occidental we think it's too cheap and will do better. royal dutch. beyond that we do also like the financials >> all right matt maley, last word to you here, is there any place you think we could find opportunity just a handful of seconds left for you? >> i totally agree with your other guest on the energy sector it's incredibly underowned and was already behind the level of underlying commodity oil prices. if this group starts to go at the end of the year a lot of people are underperform willing play catch up by buying the energy sector. >> thank you gentlemen
we have liked energy prior to today, so we like energy a limit more after today we would not buy the stocks on the open oil prices were up 20%, now they're up 9 or 10%. the oil stocks will spike higher in the open, probably drift lower during the day, but if you have a six-month time rise and we think this could get a risk premium back into energy oil prices and the energy stock should do better. >> what stocks in particular are we talking exploration in production, oil services, broadly...
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0.0
Feb 23, 2023
02/23
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what this has done, the energy crisis, was expose how expensive energy is, how vulnerable, whole regions like europe can be to availability and also the carbon problem. we are wasting about -- in the united states about 70%, pretty much the same number we're losing about 70% of the primary energy in the u.s. and european economy so the reason for every one unit we don't use in europe is 2.6 we don't need to buy from russia, that was charting the amount of energy that gets lost with extracting, converting, distributing energy. so the price spike means that europe and the united states must, and it's a huge opportunity, to be much more efficient going forward. and if we can do that, that's the biggest bang for the buck from a carbon emission persp perspective, the biggest impact it can have on emernergy. >> do you think there's the capitol hill a-- political and populist will to see this as the opportunity you see it as? quickly, please. >> the original response was to double down when looking at the time and cost, i think the answer is yes, i think the european commission by autumn last y
what this has done, the energy crisis, was expose how expensive energy is, how vulnerable, whole regions like europe can be to availability and also the carbon problem. we are wasting about -- in the united states about 70%, pretty much the same number we're losing about 70% of the primary energy in the u.s. and european economy so the reason for every one unit we don't use in europe is 2.6 we don't need to buy from russia, that was charting the amount of energy that gets lost with extracting,...
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Apr 21, 2020
04/20
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energy stocks not done that much what this is telling me is that energy, the impact of oil being down here on the short term, futures contract is not having an enormous impact on the future earnings prospect for the energy companies which are poor but these are short term not impacting the energy companies. high yields etfs down today. they hold very large positions in energy. when there are issues around them, they are generally to the down side. back to you. >> all right thank you very much. the energy fall out that bob just detailed weighing l ining on the bond market rick has more details on this. what is this telling us, rick? >> tyler, i think a great way to get into this is to look at a crb chart. this is an inflation commodity chart. if you look back at the crb, i can go back 94, so 26 years. this is the lowest level ever. it's not only oil. there's disinflationary pressures throughout the commodity system and a lot of it is due to falling demand or when it comes to things like food with all the restaurants closed, we're still eating but the logistics of moving things around h
energy stocks not done that much what this is telling me is that energy, the impact of oil being down here on the short term, futures contract is not having an enormous impact on the future earnings prospect for the energy companies which are poor but these are short term not impacting the energy companies. high yields etfs down today. they hold very large positions in energy. when there are issues around them, they are generally to the down side. back to you. >> all right thank you very...
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0.0
Feb 7, 2023
02/23
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that provides the energy security and energy affo afford affordability. >>> and siemens falls to the bottom amid the wind unit is off course the ceo says business is generally good >> we see the transform business we see the low level in the wind business >>> losses narrow at softbank vision fund, but the company has a net loss of 900 billion yen as the cfo sees the highly anticipated ipo. >>> and french bank bnp misses for the fourth quarter, but raises targets for 2025. the cfo tells cnbc the macro outlook is still uncertain >> it will take maybe one or two quarters it could be a slowdown it could be a stagnation it should be short in duration and business should pick up. >>> over 5,000 people have been killed following deadly earthquakes in turkey and syria. this is international resccue operations continuing today. >>> and let's kickoff with earnings with the oil and gas sector bp with reports of $27.2 billion. the energy giant lifted dividend by 10% and announced a share buyback program of $2.576 billion. the ceo is stepping up the transition into the energy sector. >> in 2022,
that provides the energy security and energy affo afford affordability. >>> and siemens falls to the bottom amid the wind unit is off course the ceo says business is generally good >> we see the transform business we see the low level in the wind business >>> losses narrow at softbank vision fund, but the company has a net loss of 900 billion yen as the cfo sees the highly anticipated ipo. >>> and french bank bnp misses for the fourth quarter, but raises targets...
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160
Mar 11, 2014
03/14
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they want energy to be expensive. they like subsidizing through crony capitalism expensive forms of energy. the first -- this administration's first energy secretary openly talked about wanting gasoline to be expensive. i want energy to be cheap, affordable, i want to drive those manufacturing jobs here. you're right, we're going to make products. the question is do we make steel and fertilizer and petrochemical products here in america or overseas? i'd rather make them here, not in china or brazil. let's make them in america. >> we talk about minimum wage. the kind of jobs you're talking about where you're working with educational institutions and companies, they're producing jobs that can do more than just put a meal on the table. >> nucor, $70,000 a year. we're talking about good paying jobs. a lot of them don't even require four year degrees. we're proposing a huge increase for higher education, that's $4 million for our universities to work with employers to train kids for good paying fast growing jobs out there.
they want energy to be expensive. they like subsidizing through crony capitalism expensive forms of energy. the first -- this administration's first energy secretary openly talked about wanting gasoline to be expensive. i want energy to be cheap, affordable, i want to drive those manufacturing jobs here. you're right, we're going to make products. the question is do we make steel and fertilizer and petrochemical products here in america or overseas? i'd rather make them here, not in china or...
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Dec 12, 2015
12/15
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can we actually have renewable energy that generates more than 10% of energy output and how much would that cost? >> we expect renewables to far exceed 10%. of course, we recognize that fossil fuels will continue to be part of the portfolio for quite a long time but wind energy has gone up by severalfold in the last five to six years and now provides about 4.5% of our electricity. with solar, 5% and i should add, solar and wind together now account for about a quarter million jobs in the united states. that's a lot bigger than a lot of the traditional industries and as far as cost goes, we have project developers in wind that signed contracts to deliver electricity as low as 2 cents per kilowatt hour. it's very competitive in the right places today and the geography is going to only spread as we go forward with new technology. >> certainly, wind and solar are part of the talks in paris and just curious, will global agreements cut carbon emissions and slow global warming? are we really seeing progress here? >> i guess we are. almost every country in the world, 184 countries, declared th
can we actually have renewable energy that generates more than 10% of energy output and how much would that cost? >> we expect renewables to far exceed 10%. of course, we recognize that fossil fuels will continue to be part of the portfolio for quite a long time but wind energy has gone up by severalfold in the last five to six years and now provides about 4.5% of our electricity. with solar, 5% and i should add, solar and wind together now account for about a quarter million jobs in the...
401
401
Mar 31, 2010
03/10
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. >> let's move on to energy, energy stocks on the upside today in part because of that weaker dollar. >> look, president obama's announcement on drilling, even a little expansion of drilling is a good news and service oil stocks are up. not up big here. this is certainly a good sign, eliminates, gives the energy initiative a little bit of what they want and helps us down the road and won't be for several years. i think it's good news overall. we still have cap and trade floating around out there. not like there's no uncertainty in the energy business despite the people think it is unlikely. >> they like the drill, baby, drill. thank you, bob pisani. >> i know you like drill, drill, drill. >> i spent a year on this network talking about drill, drill, drill. >>> president obama getting ready to speak any moment now. he will allow oil and gas exploration off the coast of virginia, the eastern gulf and parts of alaska perhaps to create jobs and perhaps to reduce u.s. dependence on foreign oil and perhaps, perhaps, perhaps. we'll carry his speech live from andrews naval air force facility
. >> let's move on to energy, energy stocks on the upside today in part because of that weaker dollar. >> look, president obama's announcement on drilling, even a little expansion of drilling is a good news and service oil stocks are up. not up big here. this is certainly a good sign, eliminates, gives the energy initiative a little bit of what they want and helps us down the road and won't be for several years. i think it's good news overall. we still have cap and trade floating...
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Mar 4, 2022
03/22
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and energy independence. but what does a night like last night do to the willingness of the american people of their representatives in state, local and federal government what does a night like last night do to the prospects of having more nuclear energy in this country i can't imagine it helps. >> i can tell you this next generation of reactors and current are the safest in the world. we have redundant multiple redundant safety systems we have huge reinforced concrete steel reinforcement domes. these systems, these reoactors are safe fortunately this units performed the way they were supposed to perform. the next generation of reing a or thes like licensed, these are walk away safe reactors to shut down on their safely without power so an entirely new generation of reokay tors so i feel confident in bringing these to fore for the next generation of americans that need to benefit and we have so challenges from climate change, we are a partner to solar and wind nuclear is an ally to solar and wind. >> if we d
and energy independence. but what does a night like last night do to the willingness of the american people of their representatives in state, local and federal government what does a night like last night do to the prospects of having more nuclear energy in this country i can't imagine it helps. >> i can tell you this next generation of reactors and current are the safest in the world. we have redundant multiple redundant safety systems we have huge reinforced concrete steel...
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0.0
Jul 18, 2022
07/22
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in the move toward renewable energy, you hear about hydrogen, but is it clean energy that's a bit of a gray area. diana olick joins us with her continuing series on clean start-ups. >> tyler, hydrogen produces next greenhouse gas emissions and extracting hydrogen to create fuel does and that's the problem. one company, electric hydrogen can produce truly clean hydrogen and investors are banking on it. >> our goal is to be selling the world's leading equipment set, the most cost-effective equipment set possible for the production of renewable hydrogen. >> electric hydrogen to create green hydrogen the systems use renewable energy like solar and wind to split water creating fossil-free hydrogen power and it's deriefderieved from natural gas >> when the sunis shining and when the wind is blowing we harness that cheap, renewable energy to make renewable hydrogen or fossil-free hydrogen >> and the first czechotechnoloy officer for clean hydrogen he expects to sell it to amazon. >> electric hydrogen is addressing ocean shipping, steel manufacturing, aviation and these are ones that are imp
in the move toward renewable energy, you hear about hydrogen, but is it clean energy that's a bit of a gray area. diana olick joins us with her continuing series on clean start-ups. >> tyler, hydrogen produces next greenhouse gas emissions and extracting hydrogen to create fuel does and that's the problem. one company, electric hydrogen can produce truly clean hydrogen and investors are banking on it. >> our goal is to be selling the world's leading equipment set, the most...
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40
Apr 21, 2014
04/14
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would you define them as a sector as energy company or energy component. >> an energy -- if you listened to jeffrey, he said we want to be 70% dependent on energy. that is the goal of ge. they are energy first and industrial second. >> and the catalyst is spinning out the refinance arm in june and become more industrial less on the financial they should get more of global higher multi-as a result and i think you will see a higher rating if they can deliver. >>> as we've been saying at 2:00 eastern time, "street signs" -- >> what a plug -- >> more to come. >> boring is the new sexy. names like facebook and amazon release earnings this week. in the debate of old tech versus new tech. david, four star fund manager at blackstock. thank you for joining us. these boring names haven't been boring because making money is sexy. do you think the trend will continue? >> you start by valuations becoming dividend and cash focused, that's more attractive. but several old tech companies make it to where the world is going. microsoft is a good example, pivoting them where they're going. you can call it
would you define them as a sector as energy company or energy component. >> an energy -- if you listened to jeffrey, he said we want to be 70% dependent on energy. that is the goal of ge. they are energy first and industrial second. >> and the catalyst is spinning out the refinance arm in june and become more industrial less on the financial they should get more of global higher multi-as a result and i think you will see a higher rating if they can deliver. >>> as we've...
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101
Dec 12, 2014
12/14
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life takes energy. energy lives here. i have a cold with terrible chest congestion. better take something. theraflu severe cold doesn't treat chest congestion. really? new alka-seltzer plus day powder rushes relief to your worst cold symptoms plus chest congestion. oh, what a relief it is. here we go! >>> welcome back. show you how the markets are doing here if you're just joining us. capping off what will be a tough week. second worst week of the year for the major averages in the stock market. the worst week was in january when we started off on a down note if we all remember. >> we had -- looking at the worst day for the s&p since november. >> down 208. industrial average. s&p's down 18-plus points and nasdaq down 25. what's positive, you ask? is anything positive? yes! >> we found a group. >> of the ten s&p sectors, consumer discretionaries are up today. >> in a down market. let's bring the panel back in. meg green, jason pride kenny pulcar ir, ken mahoney, bob pisani and rick santelli. ken mahoney, let's not forget amid all the doom and gloom we got a good consu
life takes energy. energy lives here. i have a cold with terrible chest congestion. better take something. theraflu severe cold doesn't treat chest congestion. really? new alka-seltzer plus day powder rushes relief to your worst cold symptoms plus chest congestion. oh, what a relief it is. here we go! >>> welcome back. show you how the markets are doing here if you're just joining us. capping off what will be a tough week. second worst week of the year for the major averages in the...
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Oct 1, 2021
10/21
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. >> energy -- let's talk a little bit about energy underinvestment. in other words, because -- i would guess, because of the push toward cleaner energy, toward non-fossil fuels and esg, there has in the been an incentive to develop projects like the one you mention mentioned which are development and exploration and drilling projects. and i suspect there has been a similar dearth of projects on the utility side i don't know when the last gas-powered plant was built in this country after a period in the auts and in the early part of this decade when that's all that was going on. >> that's a clear and important driver we have seen investors shifting their portfolio to target esg criterias and goals. and that has less investment for your traditional hydrocarbon sources of energy. that's the first one you can think of it as it's a higher cost of capital you need to attract invests with higher rates of return to compensate for this structural reallocation it's actually only however the second driver in terms of importance over the last several years becaus
. >> energy -- let's talk a little bit about energy underinvestment. in other words, because -- i would guess, because of the push toward cleaner energy, toward non-fossil fuels and esg, there has in the been an incentive to develop projects like the one you mention mentioned which are development and exploration and drilling projects. and i suspect there has been a similar dearth of projects on the utility side i don't know when the last gas-powered plant was built in this country after...
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Sep 16, 2019
09/19
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i go back to energy. when you're looking at energy right now with the situation we have today, it's refiners, stay clear of them. this is negative for the refiners. look up north at the canadian oil names. that's a strong name. it's about upstream because upstream will have the highest sensitivy to increase in cash flow. it's devon, continental resources, apache. i understand the short squeeze and i respect it in the shale names. >> we said september is off to a great start. everybody wants to know whether it can continue. michael santoli pondering that and joining us with more. that's the crux of your piece today. >> really taking a look at a lot of what you guys have been covering which is the extremes that a lot of different investment inputs got to in the august selloff. we got to extreme lows in bond yields. investor sentiment got to depressed levels. stocks and valuations relative to bonds and economic expectations got to low extremes. i think we partially reversed all of that. a lot of those things
i go back to energy. when you're looking at energy right now with the situation we have today, it's refiners, stay clear of them. this is negative for the refiners. look up north at the canadian oil names. that's a strong name. it's about upstream because upstream will have the highest sensitivy to increase in cash flow. it's devon, continental resources, apache. i understand the short squeeze and i respect it in the shale names. >> we said september is off to a great start. everybody...
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Oct 8, 2021
10/21
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we're seeing an energy crisis in europe and asia. the pull on l&g to feed their markets, keep their factories open, supply the public, has reached extreme levels and that ha has risen the price of natural gas in the united states love to get into what has driven this almost panic buying that we're seeing in europe and asia. >> do it, that's why we have you on toby. i have called it panic buying. i guess the question maybe you can answer also is, how long might it go on a lot of shorts being covered, commodity desks probably getting blown up in europe and asia as well how long will this go on and why they need to panic buy >> i think first off, as an energy executive we do not like seeing extreme prices, but the cause of this is simple to understand traditionally, historically, we valued energy to be reliable and low cost and now with this modern world that we're living in, there's a new criteria, we want energy of the future to be low cost, reliable, and green. and so, what we've seen in europe has been a transformation of their grid
we're seeing an energy crisis in europe and asia. the pull on l&g to feed their markets, keep their factories open, supply the public, has reached extreme levels and that ha has risen the price of natural gas in the united states love to get into what has driven this almost panic buying that we're seeing in europe and asia. >> do it, that's why we have you on toby. i have called it panic buying. i guess the question maybe you can answer also is, how long might it go on a lot of shorts...
20
20
Mar 5, 2021
03/21
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eye 20
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>> well, it's been energy for me for a while. energy and some materials. energy has been a freak show i bought exxonmobil calls on monday i was out by wednesday i got chevron by wednesday i was finished by thursday afternoon. i know we'll hear more about it from the chart master, but this run started at 38 or $35 back in september. we're looking at $66 for crude it's did beta names that have really within splinting to the up side, so that next tier of energy, that's what's explosive. i continue to buy and trade those names thought the week i'll tell you this the s&p, the spider calls today, the got bought at 12:15 today litly was the turning point in the market it was incredible as they bought march calls in the spider, about 20 s 20,000 of them >> energy was the best performing sector. the chart master says the rally may be running out of juice. so let's go to carter worth. carter, take it away >> well, just what you heard there's a reason that a great trader would enter and then exit twice he made the case that if you really wanted to stay for a longer d
>> well, it's been energy for me for a while. energy and some materials. energy has been a freak show i bought exxonmobil calls on monday i was out by wednesday i got chevron by wednesday i was finished by thursday afternoon. i know we'll hear more about it from the chart master, but this run started at 38 or $35 back in september. we're looking at $66 for crude it's did beta names that have really within splinting to the up side, so that next tier of energy, that's what's explosive. i...
0
0.0
Jun 21, 2023
06/23
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and i said at the time, i'm long energy i'm stuck energy like everyone else >> are you a little upset about it >> hold on everyone says the same thing, the fundamentals are in place. >> profitable at 50. profitable at 60 >> everyone is stuck long energy, myself included. the mlps are doing okay this year energy transfer partners and epd, enterprise product partners, they're both working well they're both in the joet etf natural gas is up 16% it quarter. i get it it's down 70% from its high last year but we are seeing -- we are seeing a little bit of a bottoming out process, and that's allowed you to look at a name like eqt which we bought in the low 30s, approaching 40 now. not looking to get out of it just yet it has a nice profit there but natural gas might be your better trade than crude oil. you're shaking your head no. >> we don't own any energy i've said many times i wish we had. >> when is the last time you owned energy >> 2018. so we missed '21 and '22 >> i thought you were going to say 20 years you said 20 and then paused. >> it could be 20 years. >> you should have said 2022
and i said at the time, i'm long energy i'm stuck energy like everyone else >> are you a little upset about it >> hold on everyone says the same thing, the fundamentals are in place. >> profitable at 50. profitable at 60 >> everyone is stuck long energy, myself included. the mlps are doing okay this year energy transfer partners and epd, enterprise product partners, they're both working well they're both in the joet etf natural gas is up 16% it quarter. i get it it's...
104
104
Aug 21, 2015
08/15
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in the energy sector. you can see there the worst-performing sector on a week to date base i. here down about 8 1/2%. if you take a look at the energy sector overall year to date, that translates into again a 21% drop. again bear market territory for sure. a variety of the stocks in the sector are there as well. among some of the big losers you can see this week here a sharp down trend. some of the individual stocks that are making some waves here, at least on the down side. chesapeake energy on the natural gas side. also apache energy. philips 66. integrated stocks like chevron and exxon all part of that down side picture. so a very ugly trade so far developing. however, it's one where at least some people are starting to get a little bit enticed. whether or not it works out that's going to be a big question in the next week or two. back to you, melissa. >> tremendous weakness in the refiners. and i'm wondering, grasso, if you think it's sort of like an atm trade we were talking about -- >> definitely. i
in the energy sector. you can see there the worst-performing sector on a week to date base i. here down about 8 1/2%. if you take a look at the energy sector overall year to date, that translates into again a 21% drop. again bear market territory for sure. a variety of the stocks in the sector are there as well. among some of the big losers you can see this week here a sharp down trend. some of the individual stocks that are making some waves here, at least on the down side. chesapeake energy...
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11
Oct 14, 2021
10/21
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eye 11
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that takes energy. anyone who tells you it is a magical new source of energy you have to ask them where are you going to make your hydrogen. like electricity you can make it in dirty or clean ways the reason why it is getting another look, you are going to have a decor banization of the energy sector in the come years. some sectors where teslas and wind mills won't save the planet. >> vijay, as we think through all of this, and obviously the sort of battery-powered cars have completely won for the time being. there are still some hydrogen fuel cell technology out there maybe for trucks obviously we will see if that's a bigger use case. my question is whether hydrogen could play a bigger role in being a nuclear substitute or compliment as renewables have intermittent problems could hydrogen get quick enough to that gap and how fast could the price of green or blue hydrogen come down? >> two good points can it play a role in grid stabilization? that's one of the properties that hydrogen has. as its develo
that takes energy. anyone who tells you it is a magical new source of energy you have to ask them where are you going to make your hydrogen. like electricity you can make it in dirty or clean ways the reason why it is getting another look, you are going to have a decor banization of the energy sector in the come years. some sectors where teslas and wind mills won't save the planet. >> vijay, as we think through all of this, and obviously the sort of battery-powered cars have completely...
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179
Dec 15, 2009
12/09
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i figure my energy secretary wants a few million energy-efficient light bulb, my press secretary wants something that will prevent leaks. come on, guys. it took a while there for -- but i've also come here to spend some time with workers and contractors and manufacturers and small business owners who have been especially hard hit by our economic downturn. a few of us just spent some time at a roundtable talking about the role they want to play in job creation and in our economic recovery and how government can best help to give them a boost. i don't need to remind them or any of you about the situation we found ourselves in at the beginning of this year. the economy was in a free fall as a result of our financial crisis, folks couldn't access affordable credit to run businesses or take out an auto or student loan any in some cases pay the mortgages. home prices were plummeting and we were averaging 700,000 jobs per month. today the economy's growing for the first time in more than a year and november's job report was the best that we've had in nearly two years. but the fact is, even th
i figure my energy secretary wants a few million energy-efficient light bulb, my press secretary wants something that will prevent leaks. come on, guys. it took a while there for -- but i've also come here to spend some time with workers and contractors and manufacturers and small business owners who have been especially hard hit by our economic downturn. a few of us just spent some time at a roundtable talking about the role they want to play in job creation and in our economic recovery and...
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47
Mar 8, 2018
03/18
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CNBC
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the energy in the energy industry is palpable it's real. it hasn't been this good maybe in any of our life times and america, canada and mexico understand how important that is to their citizens and their population >> i think that's the point, secretary perry. things are good now after years of boom and bust and hundreds of bankruptcies how important is energy simply to trade particularly with canada and mexico? >> as you correctly said, they're our number one trading partners it's going to continue to be again, i'm excited about what we're seeing i think my counter parts understand listen, we're always going to have discomfort. competition leads to discomfort. whether you're an athlete or whether you're in the energy business or whether you're selling wigets somewhere, there is always a competitor that's a good thing. we're not in monopolies here we're in competitive environments united states, canada, mexico, we understand that we are partners but we're competitors. and finding that nice balance is what this is all about >> the one thing
the energy in the energy industry is palpable it's real. it hasn't been this good maybe in any of our life times and america, canada and mexico understand how important that is to their citizens and their population >> i think that's the point, secretary perry. things are good now after years of boom and bust and hundreds of bankruptcies how important is energy simply to trade particularly with canada and mexico? >> as you correctly said, they're our number one trading partners it's...
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132
Jul 29, 2016
07/16
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it used to be energy. energy's important, but the financials as a positive. >> as a positive bias. i think the market again we're looking at how do you -- >> that's my point. so, the market is capped in my opinion. 2200ish is around the range that we're going to get to. >> you threw everything at this marketplace. brexit, the kitchen sink. it rallied back. i know everyone -- also tonight -- couple of trillion in global stimulus didn't hurt either. only made the only game in town, but still at the end of the day, it's funds that have to either cover or get longer and the hedge funds have not participated. the market rally, 9% and the henl funds. >> this is the most vexing market to me in a long time as an observer. go to this. we've got stocks up. we've got bonds up. we've got gold up, many commodities up. so i keep hearing about money on the sidelines. well, a lot of money has been put to work seemingly everywhere. >> all right, but if you look at participation rate, tlas lot of money left. >> bonds stocks and gold going higher. we've seen it many, many times in history. 5.6, major
it used to be energy. energy's important, but the financials as a positive. >> as a positive bias. i think the market again we're looking at how do you -- >> that's my point. so, the market is capped in my opinion. 2200ish is around the range that we're going to get to. >> you threw everything at this marketplace. brexit, the kitchen sink. it rallied back. i know everyone -- also tonight -- couple of trillion in global stimulus didn't hurt either. only made the only game in...
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Nov 18, 2022
11/22
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and the energy sources. so that's important that we manage and get our fingers around the topic on the other hand, i'm seeing the corporates are resilient and they are adapting fast to the business model we see an increase of 14% to the exports to the united states and 9% compared to last year to australia. they are adapting their supply chains and trade corridors very fast and we, as banks, follow them they are faster than we sometimes might expect and adapting and rather resilient. they will face challenges and the energy topic will remain most important issue for them in the future >> reporter: i think it sis a fair summary to say the market and on the ground the energy prices and outlook for economic growth center stage for the industry talking about inflation and also the interest rates, the jury is still out how far actually the ecb will tighten or will hike given the recessionary outlook and already voicing concerns from especially southern europe about the risk of overtightening i caught up as well w
and the energy sources. so that's important that we manage and get our fingers around the topic on the other hand, i'm seeing the corporates are resilient and they are adapting fast to the business model we see an increase of 14% to the exports to the united states and 9% compared to last year to australia. they are adapting their supply chains and trade corridors very fast and we, as banks, follow them they are faster than we sometimes might expect and adapting and rather resilient. they will...
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Dec 29, 2017
12/17
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you've got cloudy i'rude oil an got energy the presumption is energy stocks will go the way of crude you want to be overweight this in 2018. >> you could look at the march 72 1/2 call, spend $2 for that the options are quite cheap, 15% implied volatility off an all-time low of 13%. the options are quite inexpensive here the other reason you don't reach out and buy the stocks is despite the fact that spot crude, the near end of the curve is more than 20% higher than it was six months ago, if you go out five years, five-year crude is actually a little lower we have this inverted curve. a lot of times people will say this is bullish. when you get that, when you start to trade rather than in a more normal containment. that's one of the reasons the integrated space isn't my favorite right now >> we have a global growth play that's going on in the oil markets, going on in some of the commodity spaces over that 50, $55 barrel oil spot, these xle names will do great. mike makes a great point about buying a call outright, it makes a lot of sense because it's a cheap premium to take a shot on
you've got cloudy i'rude oil an got energy the presumption is energy stocks will go the way of crude you want to be overweight this in 2018. >> you could look at the march 72 1/2 call, spend $2 for that the options are quite cheap, 15% implied volatility off an all-time low of 13%. the options are quite inexpensive here the other reason you don't reach out and buy the stocks is despite the fact that spot crude, the near end of the curve is more than 20% higher than it was six months ago,...
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Jun 24, 2021
06/21
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deal it has been for energy. so why is it not getting more attention these days energy overall is a diminished sector within the overall s&p 500. just to put numbers in context around it. statistically speaking, it is a 2.8% weighting in the s&p 500. the third smallest sector. utilities and real estate are less of a weighting in the industry and market. it has a total market value of equity and i say that because it is a big industry. market value of equity of $1.1 trillion making that half the size of apple in terms of equity market value to give you idea of size in the overall sector. as energy prices have gone higher, those companies do the best the one whos who get it out of ground, exploration companies are up both of those, brian, out performing the energy sector still up 45% energy is a big deal brian, back to you >> very quickly, dom, a former fund manager, do you think there will be a lot of catch up trades that is a bullish case fund managers say why don't you own the oil and gas? they have to come in a
deal it has been for energy. so why is it not getting more attention these days energy overall is a diminished sector within the overall s&p 500. just to put numbers in context around it. statistically speaking, it is a 2.8% weighting in the s&p 500. the third smallest sector. utilities and real estate are less of a weighting in the industry and market. it has a total market value of equity and i say that because it is a big industry. market value of equity of $1.1 trillion making that...
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Sep 29, 2023
09/23
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why is that your one energy holding? >> look, i came to it very late, by the way, i agree with everything joe said either for durability, i don't know what that word s i never heard the word before. the reason i went to occi, i have one of the greatest investors in the world that owned it. i don't think this is a sector where you have to do tremendous work because it goes with the commodity. i don't think it's compellingly cheap because there are always low multiples in these stocks. >> you bought it because of your guy? >> yeah. yeah. there you go. maybe that's it. but, look, you know -- >> secret, there it is, folks. >> there you go. >> pulled the curtain back. >> energy is very tough. energy is a very tough sector. okay, you had a win there, scott, just take it and move on. act like you've been there before. it's a very tough sector, you've seen some of the smartest energy investors in the history of investing blow up. i'm safe, i think the momentum does turn, i go agree it could fall into the 80s because everybody is
why is that your one energy holding? >> look, i came to it very late, by the way, i agree with everything joe said either for durability, i don't know what that word s i never heard the word before. the reason i went to occi, i have one of the greatest investors in the world that owned it. i don't think this is a sector where you have to do tremendous work because it goes with the commodity. i don't think it's compellingly cheap because there are always low multiples in these stocks....
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Sep 20, 2021
09/21
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energy is a sector that you are going to start seeing that come through, too and energy is a sector that we like here. i think you are relating to the concerns of the market right now. they are all very well known here we have been discussing them for a while. just last monday, a week ago, the front page story on the "wall street journal" was concerns grow for an autumn putback in the market. i don't know about you, but i don't remember a front page story on the "wall street journal" anticipating a market decline. we tend to not see those kind of headlines when you are in a complacent market. in the options market, you have seen the sku, which measures the price of downside protection versus upside protection hit levels we haven't seen since 2018 there are some levels of concern in the market, individual investor sentiment saw one of its sharpest declines in over a year last week so those are things that even though people say that investors may be complacent and themarke is complacent here, these are concerns that have been showing up in the market i think going ford we may see a repeat
energy is a sector that you are going to start seeing that come through, too and energy is a sector that we like here. i think you are relating to the concerns of the market right now. they are all very well known here we have been discussing them for a while. just last monday, a week ago, the front page story on the "wall street journal" was concerns grow for an autumn putback in the market. i don't know about you, but i don't remember a front page story on the "wall street...
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May 10, 2013
05/13
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the energy revolution going on. it's the energy equivalent of the ber len wall falling as somebody said. in terms of job creation, income growth, government revenues, everything about this story is so good, it's creating middle clats prosperity. not inner noth.com, not in texas. most part in the country vice president a shortage of job, north dakota and texas have a shortage of workers. it's a great story. >> it doesn't make you $100 bucks an hour. by the way, the farm owners and land owners will be rich on royalties. don't you feel this is the worst mistake obama made. i know he spends too much, he taxes too much. but on this one, he's got this grown energy bug up his rear end. right. we know. that he will not let go of this. he was completely, utterly, totally incomprehensibly wrong on all this solar stuff and this electronic car stuff and all this taxpayer stuff. missed the whole boat. >> i think the free market probably understood, here's like a 69 tick method. have you some things that excel, some succeed. the
the energy revolution going on. it's the energy equivalent of the ber len wall falling as somebody said. in terms of job creation, income growth, government revenues, everything about this story is so good, it's creating middle clats prosperity. not inner noth.com, not in texas. most part in the country vice president a shortage of job, north dakota and texas have a shortage of workers. it's a great story. >> it doesn't make you $100 bucks an hour. by the way, the farm owners and land...
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May 9, 2022
05/22
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that is how much energy is swinging to the upside because the weighting of energy is so minu minuscule, but it's having an outs outsized impact. it may look okay but is actually dis disguising weakness. >> yeah, sure, energy even with today's pull back, energy's up about 45% year-to-date every other main asset class is down between 6 and 25% so outside of energy and some utilities, there's really been no place to hide i think, though, the playbook you have to look right now is technicals i mean, you know, steve walked through a litany of things that are real and that are going to be with us for a while i think that from a catalyst perspective, the buybacks are important to have a buyer, right? what you see today are just pure sellers. you see people just selling whether it's energy, whether it's crypto, you know, whether it's tech or value, everything's getting sold, but i do think you have to take the playbook out of technicals, and the one technical analysis that i would say is like my fat pitch that i look at in times of risk is looking at the s&p is how many stocks are above their
that is how much energy is swinging to the upside because the weighting of energy is so minu minuscule, but it's having an outs outsized impact. it may look okay but is actually dis disguising weakness. >> yeah, sure, energy even with today's pull back, energy's up about 45% year-to-date every other main asset class is down between 6 and 25% so outside of energy and some utilities, there's really been no place to hide i think, though, the playbook you have to look right now is technicals...
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Jun 19, 2017
06/17
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energy issues, energy secretary rick perry. used to call him governor all the time been on the show so many times mr. secretary, we'll call you now. it's great to see you. thanks for being with us >> thank you, joe. >> you know, i look at the renaissance over the past, let's call it, ten years in the energy industry, and maybe it wouldn't have been -- maybe it deserved closing, when you were talking about it, mr. secretary, back then but now, i mean, things change this is one of the growth industries, and manufacturing renaissance industries in the united states, and i would be excited to be secretary, too, and i think you are. >> very true and it's always good to keep people on their toes as we go through this budget process obviously, you know, president trump is looking to deal with the deficit that we've got it's reflected in his budget and the good news from his perspective and i hope from americans' perspective is that as governor of texas i dealt with some pretty big dollars before, managing the 14th -- or i should say t
energy issues, energy secretary rick perry. used to call him governor all the time been on the show so many times mr. secretary, we'll call you now. it's great to see you. thanks for being with us >> thank you, joe. >> you know, i look at the renaissance over the past, let's call it, ten years in the energy industry, and maybe it wouldn't have been -- maybe it deserved closing, when you were talking about it, mr. secretary, back then but now, i mean, things change this is one of the...
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Apr 22, 2015
04/15
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who is trying to become a green energy roll up titan? over the last five years the most active acquirer in the group has been elon musk. solarcity. and we've also seen a surge in companies buying large scale projects. last year we saw $2.3 billion worth of these deals. double the money spent on the transactions in 2013 but with valuations now depressed thanks to the collapse of all things energy caused by the decline of oil prices and so many of the larger alternative energy companies flushed with cash i think the wave consolidation has only just begun. which are going to be the biggest deal makers going forward? all you have to do is follow the money. money. terraform announced their plan. then in the summer we learned that they were merging with hawaiian electric. this deal was announced roughly six months after they created it's own yield co next year energy partner. do you see the pattern? earlier in the month pattern energy acquired three wind power facilities for 372 million. that was two months after 351 million via an equity mark
who is trying to become a green energy roll up titan? over the last five years the most active acquirer in the group has been elon musk. solarcity. and we've also seen a surge in companies buying large scale projects. last year we saw $2.3 billion worth of these deals. double the money spent on the transactions in 2013 but with valuations now depressed thanks to the collapse of all things energy caused by the decline of oil prices and so many of the larger alternative energy companies flushed...
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Mar 23, 2022
03/22
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you have to have energy. there's no question about that >> all right senator mike rounds, so how much energy comes out of south dakota versus agriculture >> well, agriculture can produce energy >> that, too >> ethanol you can put it into absolutely -- we're talking billions of gallons a year >> we love both dakotas, we do we love both north and south >> they're good competition for us >> you speak for all of us thanks, senator. get back to work >>> when we come back we'll talk about technology on a tear the nasdaq composite was the relative outperformer in yesterday's session. it was up by 2% as meta platforms, amazon, apple, netflix and google's parent alphabet all closed higher going to talk about that move and whether or not you should be buying into this rally >>> plus don't miss our interview with intel ceo pat gelsinger ahead of the committee's hearing on chip manufacturing that comes later this morning stay tuned you're watching "squawk box," and this is cnbc >>> time now for today's aflac trivia quest
you have to have energy. there's no question about that >> all right senator mike rounds, so how much energy comes out of south dakota versus agriculture >> well, agriculture can produce energy >> that, too >> ethanol you can put it into absolutely -- we're talking billions of gallons a year >> we love both dakotas, we do we love both north and south >> they're good competition for us >> you speak for all of us thanks, senator. get back to work...
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Oct 3, 2022
10/22
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actually be repaid by higher energy prices in the future because it stimulates demand, mask for energy, actually, it will drive up wholesale prices and it will actually increase inflation, not decrease. it certainly is not an anti-inflation measure. >> that is all before what it does for demand for energy if you are sub yousidizing christian schultz from citi. thank you. >>> coming up on "street signs." turning the page the chancellor walking back the 'lha me tethbr wel veorafr e eak. when we started selling my health products online our shipping process was painfully slow. then we found shipstation. now we're shipping out orders 5 times faster and we're saving a ton. go to shipstation.com /tv and get 2 months free. millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... see how easy it is
actually be repaid by higher energy prices in the future because it stimulates demand, mask for energy, actually, it will drive up wholesale prices and it will actually increase inflation, not decrease. it certainly is not an anti-inflation measure. >> that is all before what it does for demand for energy if you are sub yousidizing christian schultz from citi. thank you. >>> coming up on "street signs." turning the page the chancellor walking back the 'lha me tethbr wel...
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Mar 28, 2022
03/22
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russia is selling more energy now. 25% more energy now than they were before the conflict began that is incredible we lukook at the need for energy focus on solar energy and wind they are not able to offset the source of emissions around the world. just in the last 12 months, to put this in perspective, in the last 12 months, emissions from coal have risen 500 million tons of co2 per year. that eliminates all of the benefits we have done from solar and wind over the last 15 years. if you care about the environment, you need a heavyweight solution to offset the heavyweight problem which is foreign coal that heavyweight solution is the united states lng. >> also, so many things in r rene renewables fiberglass and aluminum for the solar panels rely on natural gas to produce the power to make these things higher prices hurt renewables. importing natural gas to boston from trinidad because they did not have enough to make power this winter. you have giant natural gas fields close to new england. will we ever change our popipeln pop policy we are burning wood and dung to make power 100 mil
russia is selling more energy now. 25% more energy now than they were before the conflict began that is incredible we lukook at the need for energy focus on solar energy and wind they are not able to offset the source of emissions around the world. just in the last 12 months, to put this in perspective, in the last 12 months, emissions from coal have risen 500 million tons of co2 per year. that eliminates all of the benefits we have done from solar and wind over the last 15 years. if you care...
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Apr 8, 2010
04/10
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>> i agree, i don't see energy independent, but i think what's important is we have energy security, not independence. security comes from the development of all forms of energy that we have, and that is natural gas, it's oil, it is solar, wind, alternatives, renewables. i think a variety of all sorts of energy we get security, not necessarily independence. >> if we were to take advantage of all the natural gas the united states has, and if we were to get through some of the hurdles, for example, having cars that could use the natural gas, if we get past all that, how much natural gas do we have in our country? if we had access to all of it and we were using it, how many years of our energy would it provide? >> it depends on, obviously, technology, but we see ourselves having natural gas for many decades going into the future. some think we have many centuries of natural gas. it remains to be seen how we develop natural gas in technology, but it's not just a transition and bridge fuel. this should be part of the energy equation for the very long term. >> but prices keep going down, n
>> i agree, i don't see energy independent, but i think what's important is we have energy security, not independence. security comes from the development of all forms of energy that we have, and that is natural gas, it's oil, it is solar, wind, alternatives, renewables. i think a variety of all sorts of energy we get security, not necessarily independence. >> if we were to take advantage of all the natural gas the united states has, and if we were to get through some of the...
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0.0
Jul 20, 2022
07/22
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stocks dan pickering is with pickering energy partners. what is your response to all of this you heard brian describe this very different kind of bull market that we are in especially that we're given basically in a bear market in oil in the last few weeks anyway >> sure, energy as a weapon not something that is fun to talk about. when we look at the u.s., we're a bit better situation, right? we have a lot of gas, we're exporting gas and so not the same situation as europe we arebenefiting from higher prices we the industry. that will flow through to our consumers and our population as we move through our winter but right now, it is bullish for u.s. natural gas prices and it is bullish for u.s. energy stocks >> and nat gas prices have still just about doubled probably year to date or over the past year. and so we've seen stocks of big producers move accordingly but if we see further moves to restrict our exports for instance, would that be a problem? >> what we've seen is restricting imports and bottlenecking commodity whether products or
stocks dan pickering is with pickering energy partners. what is your response to all of this you heard brian describe this very different kind of bull market that we are in especially that we're given basically in a bear market in oil in the last few weeks anyway >> sure, energy as a weapon not something that is fun to talk about. when we look at the u.s., we're a bit better situation, right? we have a lot of gas, we're exporting gas and so not the same situation as europe we...
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Jan 6, 2021
01/21
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energy is broad. it's also the people that help you go out and get the energy that are going to benefit from this trend, i believe. >> oh, man, we got through a lot of stuff. >>> straight ahead, gambling oc a on the rise we'll tell you how to bet on them from here as well you can listen to us live on the go on the cnbc app ♪ you can go your own way it's time you make the rules. so join the 2 million people who have switched to xfinity mobile. you can choose from the latest phones or bring your own device and choose the amount of data that's right for you to save even more. and you'll get nationwide 5g at no extra cost. all on the most reliable network. so choose a data option that's right for you. get nationwide 5g included and save up to $300 a year on the network rated #1 in customer satisfaction. it's your wireless. your rules. only with xfinity mobile. >>> let's get back to leslie picker as she has a news alert for us. >> we're a few days into 2021. we're starting to get more of those hedge fund
energy is broad. it's also the people that help you go out and get the energy that are going to benefit from this trend, i believe. >> oh, man, we got through a lot of stuff. >>> straight ahead, gambling oc a on the rise we'll tell you how to bet on them from here as well you can listen to us live on the go on the cnbc app ♪ you can go your own way it's time you make the rules. so join the 2 million people who have switched to xfinity mobile. you can choose from the latest...
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0.0
Dec 7, 2022
12/22
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and uk announced a new energy partnership deal it involves doubling lng shipments to the uk. uk more desperate for gas maybe than any nation in the european area so this morning the biden administration going really all in again on fossil fuels, making a deal to double lng can exports from the united states to the uk, also talking about promoting nuclear. so u.s. power, u.s. gas, seema, really in demand over here, at least until the hydrogen done. >> brian, i wonder if you can just reflect back to hydrogen. the level of interest in this clean fuel, obviously great interest anywhere you go, i imagine, anywhere around the worlding but in europe specifically given how vulnerable they are on the energy front s that around increase in demand for hydrogen? >> it is and it's expensive shell is taking billions of dollars, one third of their global money and putting it in new energy they're the only ones who have the capital to build out the technologies others are saying, don't let them get into the transition game because it's their fault we have the transition and climate change an
and uk announced a new energy partnership deal it involves doubling lng shipments to the uk. uk more desperate for gas maybe than any nation in the european area so this morning the biden administration going really all in again on fossil fuels, making a deal to double lng can exports from the united states to the uk, also talking about promoting nuclear. so u.s. power, u.s. gas, seema, really in demand over here, at least until the hydrogen done. >> brian, i wonder if you can just...
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Mar 25, 2022
03/22
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>> reporter: announcing a task force on energy. president biden talking about transatlantic allies on the effort he noted the effort not just transitioning away from russian natural gas, but transitioning away from natural gas entirely there will be costs associated for europe and other countries around the world he says it is an important one for the climate and the economy going forward. he also made announcement, less expected than the energy announcement, about agreement on privacy and data transfer. this was a long-running thorn in the side of the u.s./eu relationship to try to strike a deal on transferring consumer data to make it accessible with the privacy protections for the use by companies and governments. negotiations had been going on for years and a deal elalluded both sides they reached a deal on data transferring there will be unprecedented protections for consumers. we await details dom. >> kayla tausche live in brussels with the latest from president biden and counterparts in the eu. >>> futures indicating a very,
>> reporter: announcing a task force on energy. president biden talking about transatlantic allies on the effort he noted the effort not just transitioning away from russian natural gas, but transitioning away from natural gas entirely there will be costs associated for europe and other countries around the world he says it is an important one for the climate and the economy going forward. he also made announcement, less expected than the energy announcement, about agreement on privacy...
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Dec 10, 2014
12/14
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it hasn't been energied energy peaked in june. thinkty market's really got accustomed. particularly with the statement wes just heard carl talk about. that it's not economically driven the weakness. it's driven by saudi arabia and opec trying to gain back share and make it unprofitable for the u.s. providers. going back to the markets and the rally in december, i look back over the last ten years. the s&p has been pretty steady about 70% of the time. lots of divergence. the russell, nasdaq and the dow haven't had great decembers and it's followed into actually january. so i'd be careful. play the s&p if you play a rally. >> i asked yesterday, if oil cannot stabilize k you possibly have a santa claus rally into the end of the year? >> well scott anything's possible. i'll just start with that. but i think the point you are raising is valid. in other words, yes there is a huge tax cut for the consumer. yes there could be as much as three quarters of a trillion dollars in benefit. the longer oil stay this is low. however, there are some internal things happening in the mark
it hasn't been energied energy peaked in june. thinkty market's really got accustomed. particularly with the statement wes just heard carl talk about. that it's not economically driven the weakness. it's driven by saudi arabia and opec trying to gain back share and make it unprofitable for the u.s. providers. going back to the markets and the rally in december, i look back over the last ten years. the s&p has been pretty steady about 70% of the time. lots of divergence. the russell, nasdaq...
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Mar 9, 2020
03/20
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we're definitely not buyers of energy here. for clients that we're doing dollar cost averaging, last week we started pulling forward the march cost to take advantage we wish we would have waited until this week. from a market stand point, we think the markets will recover in general and that's where i think when it comes to energy, you don't have to make it back the same way you lost it i think going forward, investors need to really understand what's happening and energy is a big deal down here in texas, energy is not wall street. it's main street it's definitely going to affect a lot of company, a lot of industry, a lot of of communities. that really hasn't started to reflect itself into the real economy. the individual companies that are not publicly traded energy i shale industry. >> knowing you are in houston, thinking of the good people down there in business and otherwise. ron has a question for you. >> no. in addition to everything that's been said, we don't have yet -- may start to happen later in the day, the proper p
we're definitely not buyers of energy here. for clients that we're doing dollar cost averaging, last week we started pulling forward the march cost to take advantage we wish we would have waited until this week. from a market stand point, we think the markets will recover in general and that's where i think when it comes to energy, you don't have to make it back the same way you lost it i think going forward, investors need to really understand what's happening and energy is a big deal down...
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Feb 13, 2024
02/24
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the energy complex is up around 5%. you see brent is trading a little bit higher. .80% higher. $82 a barrel. wti is shy of $78 per barrel. for the year, energy is still up 8.8%. you have to think a lot that is underpinned by the middle east right now. opec secretary-general has told cnbc that the organization does not see oil demand slowing and forecasting demand will rise to 116 million barrels a day. dan murphy has conducted that discussion. dan, if they don't see the demand slowing, why are they holding back on supply? >> reporter: that's an interesting question, joumanna. hello from the world government summit. i stepped off stage with the opec secretary-general. the focus on the conversation was on the future of oil in the global economy. this is a hot topic with the renewed focus on the global climate agenda and the cop-28 here in dubai. we asked the question because we have seen fossil fuels and economic development being linked over the last few de decades. what is the role of oil moving forward as we advance th
the energy complex is up around 5%. you see brent is trading a little bit higher. .80% higher. $82 a barrel. wti is shy of $78 per barrel. for the year, energy is still up 8.8%. you have to think a lot that is underpinned by the middle east right now. opec secretary-general has told cnbc that the organization does not see oil demand slowing and forecasting demand will rise to 116 million barrels a day. dan murphy has conducted that discussion. dan, if they don't see the demand slowing, why are...
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Nov 3, 2022
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what if you were a global energy company? with operations in scotland, technologists in india, and customers all on different systems. you need to pull it together. so you call in ibm and red hat to create an open hybrid cloud platform. now data is available anywhere, securely. and your digital transformation is helping find new ways to unlock energy around the world. >>> big mover today. look at shares of zoetis, plunging double digits on the back of an earnings miss and guidance cut, saying that -- and joining me here at post 9 is the ceo kristin peck welcome back good to see you. what happened here >> thanks for having me, sara. it's great to be back. you saw the reaction to the guidance, taking our guidance down a bit, but what was important to focus on was the why, and we'll go a bit into q4, but what we talked to investors about today, those supply constraints in key growth categories are key growth drivers, will be resolved by the end of the fourth quarter, and we think in 2023, we'll be in a better position. >> so it'
what if you were a global energy company? with operations in scotland, technologists in india, and customers all on different systems. you need to pull it together. so you call in ibm and red hat to create an open hybrid cloud platform. now data is available anywhere, securely. and your digital transformation is helping find new ways to unlock energy around the world. >>> big mover today. look at shares of zoetis, plunging double digits on the back of an earnings miss and guidance cut,...
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Mar 24, 2022
03/22
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leaders also will discuss europe's energy outlook with europe still buying energy from russia, but there are skeptics on accelerating move away from russian energy germany's chancellor ole af schulz said just yesterday, stopping the purchase of russian energy would cause a recession morgan >> definitely a key part of this broader conversation which brings me to my question to you starting to see headlines that the eu is set to receive lng shipments in the u.s. under plans being finalized. will we hear about this as a reality? tlart is the what we're expecting to happen tomorrow morning, morgan. the president of the european commission ursula vonderline set to me the president biden tomorrow any potential lng announcement would come in the wake of that meeting. for her part she wants the u.s. to commit to shoring up europe's natural gas supply for the next two winters. of course, europe had been getting majority of its gas from russia as they try to build up their storage supply they need russian gas to fill up some of those reserves unclear what to happen over the course of these two win
leaders also will discuss europe's energy outlook with europe still buying energy from russia, but there are skeptics on accelerating move away from russian energy germany's chancellor ole af schulz said just yesterday, stopping the purchase of russian energy would cause a recession morgan >> definitely a key part of this broader conversation which brings me to my question to you starting to see headlines that the eu is set to receive lng shipments in the u.s. under plans being finalized....
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Oct 2, 2017
10/17
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no, i don't think we need energy to turn around i think we just need energy to be a bit better. we put in a tactical trade about a month ago to say it was time to buy energy. i think the theme no energy is embrace the range. many of us forgot they had a super-sighle between 1982 and 2002 a lot of the companies did great in terms of earnings and cash flow we don't need oil prices to go up or down so many people, all they remember is moddie super cycles, death to america, you bike stock, because interest rates are low. energy can perform nicely, it doesn't need to be an overwaiting. >> mohr directly, brian, can we get to 2800 if stock s don't participate? >> yes we still think the majority of our clients around the world are massively underweight financials you saw in a stock like wells fargo do awesome some accepted people are still bitter about what happened, and we think the majority of investors are way underexposed, about you we just published a note saying september in the third quarter was all about financials and energy getting going again i think the market will do well w
no, i don't think we need energy to turn around i think we just need energy to be a bit better. we put in a tactical trade about a month ago to say it was time to buy energy. i think the theme no energy is embrace the range. many of us forgot they had a super-sighle between 1982 and 2002 a lot of the companies did great in terms of earnings and cash flow we don't need oil prices to go up or down so many people, all they remember is moddie super cycles, death to america, you bike stock, because...
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Sep 19, 2022
09/22
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there is a talk about green energy mix that is being contemplated you are right. the price of that feed stock will play and energy input will play a critical role we hope with some of the solutions that we will not see what some of the more negative comments imply which is a shift in production away from this region to other reegions. it is down to the abilities ever the industry and longer term plan to make sure the activities stay in the region >> wolfgang, thank you for taking time to speak with us ceo of goldman sachs germany and austria. >>> coming up, the uk prepares to bid farewell to the country's longest reigning monarch queen elizabeth ii we will have more from our team on the ground live after the break. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't can
there is a talk about green energy mix that is being contemplated you are right. the price of that feed stock will play and energy input will play a critical role we hope with some of the solutions that we will not see what some of the more negative comments imply which is a shift in production away from this region to other reegions. it is down to the abilities ever the industry and longer term plan to make sure the activities stay in the region >> wolfgang, thank you for taking time to...
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Jun 29, 2017
06/17
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we have more wind energy and solar energy and the energy framework is what makes sense for energy security in the united states. and we've achieved energy security i think the concept of the energy dominance to me is a threatening kind of thing that is not what those who work in this world for a long time have been trying to get to. defense leaders and energy leaders and political leaders for a long time have said that what we need is energy security and from the days of richard nixon, we got there from about 2010 to 2016 and that's what we have to protect. >> mr. secretary, thanks so much for joining us we appreciate it. >> thank you, melissa. good to be with you. >> ken salazar, former secretary of the interior. >>> coming up, we'll be speaking to ceo james gorman, his first interview since the stress test. there's a lot to talk to him about what is going on in the market and the economy and how much banking regulations should be rolled back. >> that sounds like all of the things that we talked about at the beginning of the show, melissa, and there are issues raised in the wake of the st
we have more wind energy and solar energy and the energy framework is what makes sense for energy security in the united states. and we've achieved energy security i think the concept of the energy dominance to me is a threatening kind of thing that is not what those who work in this world for a long time have been trying to get to. defense leaders and energy leaders and political leaders for a long time have said that what we need is energy security and from the days of richard nixon, we got...
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Dec 12, 2014
12/14
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energy is fourth worst sector out there. see the big names in energy. you can see chevron, exxon, usual big names are down today. it's not a great day for them. it's not as bad as some of the declines in the materials names. this is the slower global growth story. those are the names that work a lot out to the united states. another interesting thing seems to be mild panic going on. the vix at the top there at 20 is higher than the futures vix out several months from now. you don't see that very often. what that means is that traders are sort of panicking short term but not long term. i find this interesting because the s&p is only down 2% so far this month. i told my old friend and he agrees. he said based on what we are seeing here the vix is very much, the markets are more panicked and oversold compared to the actual declines we see. we are down 2% but everybody is acting like -- >> there is a lot of g(Ñ anticipation that perhaps some of the fund managers who are behind for the year have to get in and make major moves in order to make money by the e
energy is fourth worst sector out there. see the big names in energy. you can see chevron, exxon, usual big names are down today. it's not a great day for them. it's not as bad as some of the declines in the materials names. this is the slower global growth story. those are the names that work a lot out to the united states. another interesting thing seems to be mild panic going on. the vix at the top there at 20 is higher than the futures vix out several months from now. you don't see that...
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Sep 25, 2014
09/14
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find new ways to save energy and money with pg&e's business energy check-up. >>> all right. let's take a look at a company whose shares are tanking today. that would be apple almost 3%. been a rough week for apple. the company pulling its ios 8 update for a possible glitch that could turn your phone essentially into a brick. this comes on the heels of complaints about the new iphones bending. apple issuing a statement about the ios thing saying we're working around the clock to prepare for ios 8.0.2 with a fix and will release it in a few days. how bad are the problems for apple? talk to jon fortt and dawn chimaleski. welcome back dawn and jon. >> thank you. >> how bad is this for apple? they have had smudges on what had been a pristine reputation over the past couple of weeks. >> yeah. you know, clearly, no one's popping champagne corks in cupertino over there but let's put it all in perspective here. the company within an hour of learning about the glitch in its ios 8 update which took phones and brought them -- kiss connected them from the cellular network, they took it d
find new ways to save energy and money with pg&e's business energy check-up. >>> all right. let's take a look at a company whose shares are tanking today. that would be apple almost 3%. been a rough week for apple. the company pulling its ios 8 update for a possible glitch that could turn your phone essentially into a brick. this comes on the heels of complaints about the new iphones bending. apple issuing a statement about the ios thing saying we're working around the clock to...
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Nov 8, 2015
11/15
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i mean blue is energy. orange is s&p. i have to say, my eye sees that and it makes me want to make the bet that blue will catch up with orange, right. energy oversold. but what if i start my story line somewhere else? what i start my narrative from prior bull market? blue is still way ahead of orange. meaning energy still has the excess of the brazil and the china buildout. so, yeah, here it looks like maybe this should play catch-up, but again, what if i change my story to the long-term picture. we think energy is overdone, still long-term. and then here is the chart. the daily chart. you can draw the lines however you want. i draw them like that. so unless and until it can get above this line, i would be inclined to make the bet that it doesn't. so a 22% move from peak to -- i would say fade it. >> fade the move in energy. mike, are you as bearish as carter? >> this is not a place that i really think is the time to start getting long on energy. i think a lot of people were tempted to do that at several points along the
i mean blue is energy. orange is s&p. i have to say, my eye sees that and it makes me want to make the bet that blue will catch up with orange, right. energy oversold. but what if i start my story line somewhere else? what i start my narrative from prior bull market? blue is still way ahead of orange. meaning energy still has the excess of the brazil and the china buildout. so, yeah, here it looks like maybe this should play catch-up, but again, what if i change my story to the long-term...